Great Lakes Advisors Decreased Chevrontexaco (CVX) Position as Market Valuation Declined; Investure Has Upped Its American Express Co. (AXP) Stake by $1.18 Million as Market Valuation Rose

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Great Lakes Advisors Llc decreased its stake in Chevrontexaco Corp (CVX) by 53.9% based on its latest 2018Q2 regulatory filing with the SEC. Great Lakes Advisors Llc sold 377,818 shares as the company’s stock declined 8.88% while stock markets rallied. The institutional investor held 323,188 shares of the integrated oil company at the end of 2018Q2, valued at $40.86 million, down from 701,006 at the end of the previous reported quarter. Great Lakes Advisors Llc who had been investing in Chevrontexaco Corp for a number of months, seems to be less bullish one the $218.52 billion market cap company. The stock decreased 2.46% or $2.88 during the last trading session, reaching $114.36. About 6.08M shares traded. Chevron Corporation (NYSE:CVX) has risen 2.93% since December 6, 2017 and is uptrending. It has underperformed by 12.69% the S&P500. Some Historical CVX News: 04/04/2018 – Microsoft Highlights Success With Customers Like Steelcase, Chevron and Johnson Control; 27/04/2018 – CHEVRON STILL BASING PLANS ON ‘LOWER-FOR-LONGER’ OIL PRICES; 12/04/2018 – Ernie Scheyder: Exclusive: Chevron, Exxon seek ‘small refinery’ waivers from U.S. biofuels law; 26/03/2018 – CHEVRON SEES 2ND WHEATSTONE TRAIN STARTING IN 2Q 2018; 27/04/2018 – CHEVRON CORP – INTERNATIONAL DOWNSTREAM OPERATIONS EARNED $286 MILLION IN FIRST QUARTER 2018, COMPARED WITH $457 MILLION A YEAR EARLIER; 06/03/2018 – CHEVRON CEO WIRTH SPEAKS AT ANALYST DAY CONFERENCE; 09/03/2018 – SA’S COMPETITION TRIBUNAL- REBRANDING COSTS FOR PRIVATE SERVICE STATIONS AND 6 BLN RAND REFINERY UPGRADE SOME CONDITIONS IN APPROVED SINOPEC MERGER WITH CHEVRON SA; 06/03/2018 – Chevron Phillips Chemical Announces that Maricela Caballero will Succeed Greg Wagner as Vice President of Human Re; 03/05/2018 – CHEVRON FILES DEBT SECURITIES SHELF; 25/04/2018 – Chevron evacuates Venezuela executives following staff arrests

Investure Llc increased its stake in American Express Co. (AXP) by 6.42% based on its latest 2018Q2 regulatory filing with the SEC. Investure Llc bought 12,000 shares as the company’s stock rose 7.86% with the market. The institutional investor held 198,845 shares of the consumer services company at the end of 2018Q2, valued at $19.49 million, up from 186,845 at the end of the previous reported quarter. Investure Llc who had been investing in American Express Co. for a number of months, seems to be bullish on the $90.75B market cap company. The stock decreased 1.31% or $1.4 during the last trading session, reaching $106.24. About 4.52 million shares traded or 31.45% up from the average. American Express Company (NYSE:AXP) has risen 24.64% since December 6, 2017 and is uptrending. It has outperformed by 9.02% the S&P500. Some Historical AXP News: 16/04/2018 – American Express to Offer New ‘Starwood Preferred Guest American Express Luxury Card’; 15/03/2018 – American Express: Feb. 28 Total U.S. Consumer, Small Business Card Member Loans $63B; 13/03/2018 – American Express Company Elects Christopher D. Young to Board of Directors; 03/04/2018 – Corporate Finance Leaders Worldwide Remain Optimistic and Will Face Risk Head-On Despite Economic and Political Uncertainty, According to New American Express Global Survey; 15/03/2018 – AMERICAN EXPRESS, CONFERMA COLLABORATE ON CORPORATE TRAVEL; 21/05/2018 – Fitch Rates American Express Credit Account Master Trust, Series 2018-4 & 2018-5; 19/04/2018 – AMERICAN EXPRESS CO AXP.N : RBC RAISES TARGET PRICE TO $86 FROM $81; 12/03/2018 – EverCompliant Secures Strategic Investment From American Express Ventures to Help Fight Electronic Money Laundering; 20/03/2018 – AMERICAN EXPRESS SAYS ALERTED BY EXPEDIA ABOUT CYBER ATTACK; 15/03/2018 – American Express: Feb. 28 U.S. Consumer Services 30-Days Past Due Loans 1.4% of Total

Investors sentiment increased to 0.84 in Q2 2018. Its up 0.03, from 0.81 in 2018Q1. It increased, as 54 investors sold AXP shares while 436 reduced holdings. 94 funds opened positions while 320 raised stakes. 696.30 million shares or 0.07% more from 695.82 million shares in 2018Q1 were reported. M&T Fincl Bank Corporation accumulated 230,469 shares. Cadence Cap Mgmt Limited Liability invested 0.16% in American Express Company (NYSE:AXP). Texas-based Texas Permanent School Fund has invested 0.23% in American Express Company (NYSE:AXP). Obermeyer Wood Investment Counsel Lllp holds 2,592 shares or 0.02% of its portfolio. Invest Management Of Virginia Limited Com holds 54,548 shares or 1.18% of its portfolio. Clifford Swan Invest Counsel Ltd Liability stated it has 0.39% of its portfolio in American Express Company (NYSE:AXP). Karpas Strategies Ltd Com reported 15,250 shares. Japan-based Daiwa Group Incorporated has invested 0.07% in American Express Company (NYSE:AXP). Hikari Power Limited holds 0.19% of its portfolio in American Express Company (NYSE:AXP) for 17,600 shares. Bancorporation Of Nova Scotia has 245,031 shares. Narwhal Management owns 30,845 shares or 0.7% of their US portfolio. Birmingham Capital Al invested in 1.47% or 34,915 shares. Valueworks Limited Liability Corp reported 40,532 shares stake. Moreover, Thompson Siegel Walmsley Limited Liability Company has 0.1% invested in American Express Company (NYSE:AXP) for 77,445 shares. First Interstate National Bank holds 1.77% or 81,644 shares in its portfolio.

More notable recent American Express Company (NYSE:AXP) news were published by: Bizjournals.com which released: “Lease approved for American Express bring Centurion Lounge to Charlotte Douglas International Airport – Charlotte Business Journal” on November 29, 2018, also Seekingalpha.com with their article: “Dan Loeb’s Third Point takes new stake in American Express – Seeking Alpha” published on November 09, 2018, Bizjournals.com published: “Travel startup Lola.com to partner with American Express venture – Boston Business Journal” on November 13, 2018. More interesting news about American Express Company (NYSE:AXP) were released by: Fool.com and their article: “Better Buy: PayPal Holdings vs. American Express – The Motley Fool” published on December 03, 2018 as well as Seekingalpha.com‘s news article titled: “Guggenheim sees good Q4 for payments firms on healthy holiday spend – Seeking Alpha” with publication date: November 29, 2018.

Since August 1, 2018, it had 0 buys, and 4 sales for $5.95 million activity. Squeri Stephen J had sold 12,500 shares worth $1.30M. Another trade for 25,948 shares valued at $2.80 million was made by GORDON MARC D on Wednesday, September 12.

Among 39 analysts covering American Express Company (NYSE:AXP), 15 have Buy rating, 3 Sell and 21 Hold. Therefore 38% are positive. American Express Company had 135 analyst reports since July 23, 2015 according to SRatingsIntel. Wells Fargo initiated American Express Company (NYSE:AXP) on Tuesday, October 10 with “Buy” rating. Deutsche Bank maintained American Express Company (NYSE:AXP) on Tuesday, February 9 with “Buy” rating. The rating was downgraded by Vetr to “Buy” on Monday, August 10. Barclays Capital maintained the shares of AXP in report on Thursday, January 11 with “Hold” rating. The rating was upgraded by Keefe Bruyette & Woods on Monday, January 30 to “Outperform”. As per Thursday, April 21, the company rating was maintained by Wood. On Monday, October 22 the stock rating was maintained by BMO Capital Markets with “Market Perform”. The company was initiated on Tuesday, October 24 by Atlantic Securities. The stock of American Express Company (NYSE:AXP) has “Buy” rating given on Friday, October 19 by Nomura. As per Wednesday, January 13, the company rating was downgraded by Goldman Sachs.

Investors sentiment increased to 1.03 in Q2 2018. Its up 0.13, from 0.9 in 2018Q1. It is positive, as 33 investors sold CVX shares while 684 reduced holdings. 136 funds opened positions while 604 raised stakes. 1.19 billion shares or 0.47% more from 1.19 billion shares in 2018Q1 were reported. Martin & Tn reported 17,381 shares. Bnp Paribas Arbitrage Sa holds 0% in Chevron Corporation (NYSE:CVX) or 1.44M shares. Dumont And Blake Invest Advsrs Limited Liability Company invested in 12,200 shares. Park Natl Oh reported 1.73% in Chevron Corporation (NYSE:CVX). Sather Gru stated it has 5,716 shares. Bahl Gaynor Inc owns 1.00M shares. Hirtle Callaghan Co Limited holds 6,000 shares or 0.07% of its portfolio. Fiduciary Trust Company has invested 0.81% of its portfolio in Chevron Corporation (NYSE:CVX). Partnervest Advisory Ltd Liability reported 12,702 shares. Dubuque Bankshares reported 106,961 shares stake. Meritage Port Mngmt reported 53,767 shares or 0.66% of all its holdings. Security Bank Of So Dak owns 3,571 shares for 0.53% of their portfolio. Wolverine Asset Ltd Liability Com has 25,312 shares for 0.04% of their portfolio. Sheets Smith Wealth Management holds 0.25% of its portfolio in Chevron Corporation (NYSE:CVX) for 8,382 shares. Scott & Selber owns 3,072 shares for 0.21% of their portfolio.

Among 37 analysts covering Chevron Corporation (NYSE:CVX), 28 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. Chevron Corporation had 131 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Buy” rating by Jefferies given on Monday, July 11. The firm earned “Hold” rating on Tuesday, October 3 by Wells Fargo. The company was initiated on Tuesday, December 15 by Credit Agricole. The stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given on Tuesday, January 23 by Piper Jaffray. As per Wednesday, December 20, the company rating was maintained by RBC Capital Markets. The stock has “Hold” rating by S&P Research on Tuesday, August 4. The stock has “Buy” rating by Cowen & Co on Tuesday, September 19. The firm earned “Neutral” rating on Monday, February 5 by Credit Suisse. The rating was maintained by BMO Capital Markets with “Buy” on Friday, September 22. The rating was upgraded by Societe Generale on Friday, February 2 to “Buy”.

Analysts await Chevron Corporation (NYSE:CVX) to report earnings on February, 1. They expect $2.40 earnings per share, up 228.77% or $1.67 from last year’s $0.73 per share. CVX’s profit will be $4.59B for 11.91 P/E if the $2.40 EPS becomes a reality. After $2.11 actual earnings per share reported by Chevron Corporation for the previous quarter, Wall Street now forecasts 13.74% EPS growth.

More notable recent Chevron Corporation (NYSE:CVX) news were published by: Investorplace.com which released: “7 Dividend Aristocrats to Buy for 2019 – Investorplace.com” on December 05, 2018, also Benzinga.com with their article: “Amazon.com, Inc. (NASDAQ:AMZN), Chevron Corporation (NYSE:CVX) – October’s biggest Losers And Most Surprising Winners – Benzinga” published on November 12, 2018, Seekingalpha.com published: “Major EV network player charges on – Seeking Alpha” on November 28, 2018. More interesting news about Chevron Corporation (NYSE:CVX) were released by: 247Wallst.com and their article: “Big Oil Scares Off Short Sellers – 24/7 Wall St.” published on November 28, 2018 as well as Streetinsider.com‘s news article titled: “Chevron (CVX) Reports Election of Debra Reed-Klages to Board – StreetInsider.com” with publication date: December 06, 2018.

Chevron Corporation (NYSE:CVX) Institutional Positions Chart

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